Ford Fiesta Hatchback is No. 1 Among the Best Deals Available in May, According to TrueCar - Action News 5 - Memphis, Tennessee

Ford Fiesta Hatchback is No. 1 Among the Best Deals Available in May, According to TrueCar

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SOURCE TrueCar

Car-buying site reveals top five models with highest percentage savings off MSRP

SANTA MONICA, Calif., May 13, 2014 /PRNewswire/ -- The Ford Fiesta Hatchback S, with a 16.4 percent average savings off MSRP, tops May's list of best deals on new vehicles, according to TrueCar, the negotiation-free car buying platform. Published monthly, "TrueDeals" analyzes recent transaction prices and identifies opportunities for consumer savings.

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"Small and midsize SUVs have been extremely hot this spring," said Larry Dominique, President of ALG and Executive Vice President of TrueCar. "But with gas prices increasing in the short term and automakers starting to discount vehicles that will be redesigned, expect to see sizable savings on car segments."

Below is a snapshot of some of the best deals (compared to MSRP) on new vehicles in May 2014:

Year/Make/Model/Trim

Segment

MSRP

Market Average

$ Savings /
% Savings

Est. Monthly Payment*

City / Hwy / Comb MPG

2014 Ford Fiesta,
Hatchback S

Small Car

$15,425

$12,899

$2,526/
16.4%

$185

29/39/33.8

2014.5 Toyota Camry,
L 4-Cyl

Sedan

$23,235

$20,733

$2,502/
10.8%

$298

25/35/29.7

2014 Kia Sorento, LX 4-Cyl
2WD

SUV

$24,995

$22,382

$2,613/
10.5%

$322

20/26/22.9

2014 Acura ILX, 5-Spd Auto
w/ Tech Pkg  

Luxury Car

$32,495

$29,237

$3,258/
10.0%

$420

24/35/29

2014 GMC Sierra 1500,
Crew Cab 2WD Denali

Large Truck

$49,410

$46,645

$2,765/
5.6%

$671

16/23/19.2

*Estimated monthly payments are based on a 3% APR for 60 months with 20% down on the current market average price, and excludes sales tax and other fees and charges that may vary by region or state. Actual APR may be subject to credit approval and other factors. These examples are for information purposes only, and are not an offer to lend. See dealer/lender for details, including actual available offers.

"Market Average" is based on the national average of recent vehicle transactions, including destination and delivery charges after incentives that are subject to change. This does not include tax, title, licensing, documentation or processing fees, other state and governmental charges and/or fees or any other charges or fees allowed by law.

Below is a snapshot of some of the best manufacturer lease and finance deals currently available in certain regions:

Lease:
2014 Chevy Traverse: $259/month for 36 months, $2,669 down, 36,000 miles/year, Exp: 6/2/14
2014 Kia Optima: $189/month for 36 months, $1,850 down, 12,000 miles/year, Exp: 6/2/14
2014 Nissan Altima: $189/month for 36 months, $1,999 down, 12,000 miles/year, Exp: 6/2/14
2014 Chrysler Town and Country: $299/month for 36 months with $2,999 down, 12,000 miles/year, Exp: 6/2/14
2014 Mercedes Benz C250 Coupe: $379/month for 27 months, $2,950 down, 22,500 miles, Exp: 6/2/14

The deal information is provided for illustrative purposes only, and is not an offer to lease. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer.  Deals are subject to change, and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.

Finance:
2014 Toyota Sienna: 0.0% financing for 60 months, Exp: 6/2/14
2014 Ford Explorer: 0.0% financing for 60 months, Exp: 6/2/14
2014 Volkswagen Passat: 0.0% financing for 60 months, Exp: 6/2/14
2014 Mazda MAZDA2: 0.0% financing for 60 months, Exp: 6/2/14
2014 Acura RDX: 0.0% financing for 60 months, Exp: 7/7/14

The deal information is provided for illustrative purposes only, and is not an offer to lend. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer.  Deals are subject to change, and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.

Customer Cash Offers:
2014 GMC Acadia: $1,500 customer cash, Exp: 6/2/14
2014 Hyundai Elantra: $2,000 customer cash, Exp: 6/2/14
2014 Jeep Cherokee: $1,000 customer cash, Exp: 6/2/14
2014 Nissan Titan: $3,000 customer cash, Exp: 6/2/14
2014 BMW 5-Series: $1,500 option credit cash, Exp: 6/2/14

The deal information is provided for illustrative purposes only, and is not an offer to lend. Results may vary depending on your individual circumstances, including credit approval by dealer/manufacturer.  Deals are subject to change, and are limited to inventory on hand. See your dealer/manufacturer for details, including actual offers available in your region.

For more information about TrueCar, please visit www.truecar.com, follow @TrueCar on Twitter or become a fan of TrueCar on Facebook and Google+.

About TrueCar

TrueCar is the negotiation-free car buying platform. TrueCar empowers car buyers by giving them transparent insight into what others actually paid, upfront pricing information, and a network of trusted TrueCar Certified Dealers who provide guaranteed savings certificates and seamlessly complete the car purchase. The reality is buying a car is painful and buyers fear they are going to overpay. TrueCar's transparent upfront pricing information and guaranteed savings certificate make the car buying process simple so buyers never overpay. TrueCar's mission is to prove that truth and transparency is a more profitable way of doing business -- starting with automotive. Its national network of more than 7,000 TrueCar Certified Dealers is committed to providing negotiation-free savings for some of the country's largest membership and service organizations, including AARP, American Express, AAA, USAA and Consumer Reports. Note: Not all program features are available in all states. Go to www.truecar.com for program details. TrueCar is a privately held company headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas.

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